Org.nr 923 474 900 2020 → 2021 Year-over-year analysis

GURRIK INVEST AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-05-06; registry 2022-07-27; journal 2022 801058

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for GURRIK INVEST AS. Net result +1 232 NOK → -6 467 NOK. Equity 25.7k NOK → 19.2k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for GURRIK INVEST AS.

Scorecard

Operating result
n/m -7 506 NOK
—
Net result
+1 232 NOK -6 467 NOK
-624.9%
Equity
25.7k NOK 19.2k NOK
-25.2%
Cash
24.4k NOK 15.8k NOK
-35.5%
Total assets
609.1k NOK 702.6k NOK
+15.4%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 1 232 NOK profit to a loss of 6 467 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 25.7k NOK → 19.2k NOK (equity ratio 4.2% → 2.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.4k NOK → 15.8k NOK (-35.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 583 NOK → 684.0k NOK. Reported fact